Quantity of PM audience

tneig

Recently becoming aware of 'low supply conditions and high premium possibilities'. Makes me wonder about selling years later on..

For the most part, the pm buying (selling) audience is made up of folks that have some level of understanding about PMs, value, price, and rarity.
Does that audience level change +/- drastically that would affect the flow, say affect selling?

I mean what good is having PMs if things get tight later and there are few to buy or interchange with? Any history of this being an issue?

cohodk

Prices are highest when everyone wants something. When demand is satiated, bear markets commence which last for a generation

jmski52

Any history of this being an issue?

Only when interest rates were taken up to 14% Fed Funds, the margin requirements were jacked way up, and only the selling of silver was allowed (no buying) on the Comex. At that point, inflation expectations finally subsided and metals speculation was done.

Of course, there was no debt bomb forcing the Fed to keep rates low and banks couldn't report their assets using imaginary numbers back then, and depository savings institutions weren't allowed to offer leveraged mortgage instruments to unsuspecting investors then, either.

So really, there's no valid comparison. We are in totally uncharted territory, unless there are some parallels to 1928 or so.

OPA

Supply & Demand + Speculators, with a touch of global instability, are the only driving force.

roadrunner

<< <i>Supply & Demand + Speculators, with a touch of global instability, are the only driving force. >>



And those speculators include central banks, governments, hedge funds, big banks, corporations, and J6P. Included in "supply and demand" are those opaque and
technically unlimited otc derivatives.